Sound Energy PLC (LON:SOU) insider Simon Howard Davies bought 150,000 shares of Sound Energy stock in a transaction on Thursday, May 23rd. The stock was acquired at an average cost of GBX 11 ($0.14) per share, with a total value of £16,500 ($21,560.17).

Sound Energy stock opened at GBX 10.36 ($0.14) on Friday. The firm has a market capitalization of $109.38 million and a price-to-earnings ratio of -14.80. Sound Energy PLC has a 12 month low of GBX 11 ($0.14) and a 12 month high of GBX 46.60 ($0.61). The company has a debt-to-equity ratio of 11.43, a current ratio of 2.48 and a quick ratio of 2.37.

TRADEMARK VIOLATION NOTICE: “Sound Energy PLC (SOU) Insider Purchases £16,500 in Stock” was first reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://theolympiareport.com/2019/05/25/sound-energy-plc-sou-insider-purchases-16500-in-stock.html.

About Sound Energy

Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets. The company holds 47.5% interest in the Tendrara license covering an area of 9,336 square kilometers; Anoual license, which covers an area of 8,873 square kilometers; and Matarka license that covers an area of 5,223 square kilometers located in Eastern Morocco.

See Also: Why is the Consumer Price Index (CPI) important?

Receive News & Ratings for Sound Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sound Energy and related companies with MarketBeat.com's FREE daily email newsletter.